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Product Specialist - Commercial Casualty Underwriting

Insurance Services Office, Inc.
life insurance
United States, New Jersey, Jersey City
545 Washington Boulevard (Show on map)
Dec 03, 2024
Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

The ISO Underwriting unit of Verisk Insurance Solutions is hiring a Product Specialist, Commercial Property Underwriting as part of the team developing ISO's property underwriting products. As a Product Specialist at Verisk, you will be part of our Product Strategy & Innovation team, working closely with product managers, software development, quality assurance, marketing and sales to deploy new innovations within the Commercial Property Underwriting department.

About the Day to Day Responsibilities of the Role:

  • Support the Commercial Casualty team by assisting in the creation, testing, and tracking of project requirements.
  • Work closely with IT and data science in a software development relationship to ensure clear communication of requirements, goals, and timelines.
  • Consistent communication with the team to ensure a smooth cycle of feedback, development, release, and support.
  • Effectively collaborate with a wide array of colleagues in product, risk engineering, marketing, sales, information technology, and data science to ensure effective delivery of Verisk's product goals.
  • Participate in the product portion of sales opportunities to ensure effective positioning of the solution's value proposition and customer comfort with the product capabilities to support the ambitious growth goals of the product line, including performing analysis and presentation of proofs of concept
  • Analyze internal and external data with respect to quality and fitness, develop reasoned recommendations from analysis, and present related go/no-go business cases to management.
  • Collaborating with prospective users to understand and anticipate their needs and translate them into product requirements
  • Creating a product road map based on the product vision
  • Managing the product backlog and prioritizing features based on changing requirements
  • Overseeing all stages of product creation including design and development
  • Working with the product team and end-users to deliver solutions for defects and enhancements
  • Participating in Scrum meetings and product sprints
  • Updating and maintenance of data dictionaries

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Qualifications

About You and How You Can Excel in this Role:

  • Bachelor's degree (in a field such as business administration, software development, or statistics) or equivalent/related work experience
  • An innovative mindset, open to new ideas and challenges outside of what is known or comfortable
  • The ability to distil critical business insights from large quantities of data.
  • Strong interpersonal, oral and written communication skills, including presentation skills. Ability to communicate effectively (verbally and in writing) with internal staff and external stakeholders
  • Strong critical thinking, analytical problem-solving and collaboration skills

Desirable Skills

  • Familiarity working with C# applications
  • Underwriting experience in Commercial insurance preferred
  • Knowledge of Agile software development principles and use of the JIRA platform
  • Working knowledge of Excel, Power Automate and Microsoft Forms
Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companiesand by Forbesas a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions- provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions- supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions- offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions- provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions- provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions- delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions- offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft- provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/

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